Modi Presses Reform for India--But Is it Enough?

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Raymond Zhong NEW DELHI--Indian Prime Minister Narendra Modi has been on a tear, announcing everything from a "Make in India" campaign to a purge of outdated laws and a public-cleanliness drive, all aimed at boosting economic growth. Still uncertain ...

This Season's Hottest Drama: Global FX Wars -- Barron's Asia

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Wayne Arnold In today's episode of "Game of Thrones: Currency Wars Unit," we turn to the unfolding drama in Ukraine. There, on the eastern border, Russian forces are reportedly massing to protect ethnic-Russian separatists from any attempt by Kiev ...

CURRENCIES: Yen Hits Fresh Lows Against Dollar, Euro

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Tatsuo ItoTrader: No major resistance in the run up to Yen120 The yen tumbled versus major currencies in Asia Thursday, hitting a fresh seven-year low against the dollar as investors remain keen to sell off the Japanese currency following ...

CGN Power Secures IPO Cornerstone Investors

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Prudence Ho And Yvonne Lee HONG KONG--China's largest nuclear firm has secured at least 15 cornerstone investors, including Singapore's sovereign-wealth fund, to take up around 40% of its US$3 billion Hong Kong initial public offering next month. CGN Power ...

China Manufacturing Shows Weakness in November

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Richard Silk BEIJING--A closely-watched gauge of activity in China's manufacturing sector declined in November after a pickup the previous month, adding to concerns over the health of the world's second-largest economy. The preliminary HSBC China Manufacturing Purchasing Managers Index ...

Springleaf, Centerbridge Weigh Bids for Citigroup's OneMain

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Mike Spector, Christina Rexrode and Gillian Tan Subprime lender Springleaf Holdings Inc. and private-equity firm Centerbridge Partners LP are among those separately weighing initial bids for Citigroup Inc.'s U.S. subprime lending business ahead of a Thursday deadline, said people ...

Italy's Industrial Orders Fall in September

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Giada Zampano ROME--Italian industrial orders fell in September, on the back of a contraction in both foreign and domestic demand. Industrial orders slipped 1.5% on the month, reversing an equal rise in August, national statistics institute Istat said Thursday, ...

CGN Power Secures IPO Cornerstone Investors -- Update

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Prudence Ho and Yvonne Lee HONG KONG--China's largest nuclear power plant operator has already sold 40% of its coming US$3 billion Hong Kong initial public offering to cornerstone investors, a sign that interest for what is set to be ...

U.S. Consumer Prices Unchanged in October

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Jeffrey Sparshott and Jonathan House WASHINGTON--U.S. consumer prices held steady last month, the latest sign of weak inflation at home amid soft energy prices and slow growth abroad. The consumer-price index, which measures how much Americans pay for everything ...

U.S. Jobless Claims Fall

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

WASHINGTON-The number of new claims for jobless benefits fell last week, the latest sign of an improving labor market. Initial claims for unemployment benefits decreased by 2,000 to a seasonally adjusted 291,000 in the week ended Nov. 15, the Labor ...

Crude Oil Edges Down as Eyes Fixed on OPEC Meeting

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

LONDON--Crude oil prices were marginally down on Thursday as all the market's attention remains focused on whether next week's meeting of the world oil cartel will halt a slump. The Organization of the Petroleum Exporting Countries meets on Nov. 27 ...

Philadelphia Fed November Business Index Surges to 40.8

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Kathleen Madigan Mid-Atlantic manufacturers are surging ahead in November, according to a survey released Thursday by the Federal Reserve Bank of Philadelphia. The Philadelphia Fed's index of general business activity covering the regional factory sector surged to 40.8 in ...

US Markit Flash November PMI Slows to 10-Month Low of 54.7

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Kathleen Madigan U.S. factory activity this month is the weakest since snowy January, according to a survey released Thursday. The slowdown echoes other signs of factory weakness around the globe. The U.S. flash purchasing managers' index compiled by data ...

U.S. Housing Starts/Building Permits-Historical-Nov 20

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

All data seasonally adjusted except actual levels which are not seasonally adjusted. Percent change is from the previous month. R denotes revised. Source: U.S. Department of Commerce. (*) Jan 05-Jan 04 reflect the increase in the universe of permits-issuing places ...

ECB: Bank Supervision a Key Step Toward Greater Integration

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

FRANKFURT--The creation of a new, single bank supervisor housed within the European Central Bank showed the resolve of European leaders to protect the euro, ECB President Mario Draghi said Thursday. "The setting-up of European banking supervision has been the largest ...

Fed Launches Review of Practices for Supervising Big Banks -- Update

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Ryan Tracy and Victoria McGrane WASHINGTON--The Federal Reserve launched a sweeping review of its practices for supervising big banks, a move that comes in response to accusations its internal culture stifles dissent. The Fed said the review is focused ...

Orange CEO Open to Selling Controlling Stake in Dailymotion

TODAY: Nov. 20, 2014 PUB DATE: Nov. 20, 2014

By Ruth Bender BARCELONA-- Orange SA is open to letting an outsider take control of Dailymotion as the French telecom operator revives its quest to expand the video streaming website. "Keeping control of Dailymotion is not something I'm religious about," ...